Mahindra Aerospace, the aircraft and components manufacturing arm of Mahindra group, will start producing the first eight-seater aircraft in India in the next two years.
Anand Mahindra had taken over the mantle of the $15.4 billion diversified group that has presence from farm equipment sector to aerospace last week.
In a first for auto makers, Mahindra and Mahindra opened its first R&D centre for two wheeler research in Pune with an investment of Rs 100 crore.
The auto stocks are under pressure as there is a buzz that diesel cars may get expensive by Rs 2.55 lakh, with the oil ministry plan of imposing a special tax on diesel using vehicles.
Anand Mahindra discusses the challenges of branding a multinational group, the state of Brand India, the evolution of Rise and why CEOs should embrace twitter.
The merger of Tech Mahindra and Mahindra Satyam will create India's sixth largest software company.
Shares of Mahindra group-owned Mahindra Satyam rose after company said it had acquired vCustomer's international operations for $27 million.
It's not still clear why he is moving out. But two people who track the company have let it out that he is keen on exploring opportunities outside the Mahindra Group.
The key for Mahindra Lifespace shareholders is to know if promoters are willing to put in their own money behind the deal. <br /><br />
SAP will assist in accelerating the company's enterprise-wide rollout of end-to-end SAP solutions to drive scale and business process innovation.